Montenegro: Labor force

* indicates monthly or quarterly data series

Labor force, million people

 Latest value 0.29
 Year 2022
 Measure million people
 Data availability 1990 - 2022
 Average 0.25
 Min - Max 0.22 - 0.29
 Source The World Bank
For that indicator, we provide data for Montenegro from 1990 to 2022. The average value for Montenegro during that period was 0.25 million people with a minimum of 0.22 million people in 1990 and a maximum of 0.29 million people in 2019. The latest value from 2022 is 0.29 million people. For comparison, the world average in 2022 based on 176 countries is 19.35 million people. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Montenegro - Labor force - recent values

Historical chart
Montenegro - Labor force - historical chart - 1990-2022

Definition: Labor force comprises people ages 15 and older who supply labor for the production of goods and services during a specified period. It includes people who are currently employed and people who are unemployed but seeking work as well as first-time job-seekers. Not everyone who works is included, however. Unpaid workers, family workers, and students are often omitted, and some countries do not count members of the armed forces. Labor force size tends to vary during the year as seasonal workers enter and leave.

 Related indicators Latest value Reference Measure
 Labor force 0.29 2022 million people
 Unemployment rate 15.40 2022 percent
 Female unemployment 16.17 2022 percent
 Male unemployment 14.75 2022 percent
 Youth unemployment 28.26 2022 percent
 Labor force participation 56.58 2022 percent
 Labor force: percent female 45.69 2022 percent
 Female labor force participation 49.70 2022 percent
 Male labor force participation 64.04 2022 percent
 Employment 0.29 Q3/2023 million employed people
 Unemployment rate 11.80 Q3/2023 percent
 Labor cost 129.95 9/2023 index points
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